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a. Glendive Company, with a break-even point at $792,000 of sales, has actual sales of $1,200,000.
1. What is the margin of safety expressed in dollars? $ 408000
2. What is the margin of safety expressed as a percentage of sales? 34%
b. If the margin of safety for Spearfish Company was 30%, fixed costs were $1,750,000 and variable costs were 80% of sales, what was the amount of actual sales (dollars)?
A. Under the FIFO inventory costing Method and the perpetual inventory system, how much is Deadwood Trading's cost of goods sold for the sale on March 15?
The following data are for the two products produced by Shakti Company.
What advice would you give such a company to help them take advantage of the benefits a job analysis has to offer without wasting unnecessary time and resources doing a traditional job analysis?
Why do most companies, including Warehouse Foods, typically have negative cash flows from investing activities?
Prepare summary journal entries for April (without disposing of under- or overallocated conversion costs). Assume no direct materials variances.
As a production manager, one of your main tasks is to enhance efficiencies by either increasing productivity or reducing cost. Find out whether the responsibility reports required to track performance should be created by department, function, or ..
Would not appear in the statement For those flows you identified as operating, indicate whether the amount would have been added to or subtracted from net income in the operating portion of the statement of cash flows knowing it was prepared using th..
Using cost-plus pricing, what is the cost per unit and the price? What are advantages and disadvantages of cost-plus pricing?
Aerotoy Company makes toy airplanes. One plane is an excellent replica of a 737; it sells for 5$. Vacation Airlines wants to purchase 12,000 planes at $1.75 each to give to children flying unaccompanied.
Refer to the information in QS 20-2 and QS 20-3. Blanche's Boxes requisitioned $ 9,000 of indirect materials from its raw materials and used $ 10,000 of indirect labor in its production of boxes.
Can you give an example of cost-volume-profit analysis using this techniques in your organization or in your past experience?
Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.
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